The man in the picture is the familiar Sun Justin: Brother Sun, he has been buying ETH on a large scale recently. At the unit price of $ETH 3205 usdt, he has accumulated a total of 14,000 Ethereum positions. After the May Day holiday, the lowest price dropped to 2817 usdt. Brother Sun’s highest float was A loss of 5.5 million usdt is nearly 40 million yuan, which is approximately equal to 0.4 small goals.
Recently, due to the favorable blessing of ETH applying for ETF, the ETH market has been stable and improving. Just when ETH stood firm at 3200usdt, and when Brother Sun was about to make a profit, Grayscale suddenly withdrew the ETH ETF application. This has made it extremely difficult for Justin Sun to recover his capital. As of now, ETH has retreated to 3010 usdt, and Sun Ge has a floating loss of 2.7 million usdt, equivalent to 20 million yuan.
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